GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » KGL Resources Ltd (OTCPK:KOGMF) » Definitions » Cyclically Adjusted PB Ratio

KGL Resources (KGL Resources) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


View and export this data going back to 2013. Start your Free Trial

What is KGL Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


KGL Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KGL Resources's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

KGL Resources Cyclically Adjusted PB Ratio Chart

KGL Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.02 0.03 0.01

KGL Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 -

Competitive Comparison of KGL Resources's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, KGL Resources's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KGL Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, KGL Resources's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where KGL Resources's Cyclically Adjusted PB Ratio falls into.



KGL Resources Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

KGL Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, KGL Resources's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.062/126.2576*126.2576
=-0.062

Current CPI (Mar. 2024) = 126.2576.

KGL Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.699 99.473 19.926
201409 1.880 99.394 2.388
201412 15.131 98.367 19.421
201503 14.829 99.789 18.762
201506 14.674 100.500 18.435
201509 0.475 100.421 0.597
201512 0.439 99.947 0.555
201603 0.244 101.054 0.305
201606 0.131 102.002 0.162
201609 0.829 101.765 1.029
201612 0.738 101.449 0.918
201703 0.519 102.634 0.638
201706 0.359 103.029 0.440
201709 0.256 103.345 0.313
201712 0.204 103.345 0.249
201803 0.115 105.004 0.138
201806 0.076 105.557 0.091
201809 0.035 105.636 0.042
201812 0.006 105.399 0.007
201903 -0.059 106.979 -0.070
201906 -0.080 107.690 -0.094
201909 -0.029 107.611 -0.034
201912 -0.037 107.769 -0.043
202003 -0.064 107.927 -0.075
202006 -0.087 108.401 -0.101
202009 -0.100 108.164 -0.117
202012 -0.105 108.559 -0.122
202103 -0.111 110.298 -0.127
202106 -0.070 111.720 -0.079
202109 -0.118 112.905 -0.132
202112 -0.120 113.774 -0.133
202203 -0.123 117.646 -0.132
202206 -0.049 120.806 -0.051
202209 -0.051 120.648 -0.053
202212 -0.052 120.964 -0.054
202303 -0.054 122.702 -0.056
202306 -0.059 124.203 -0.060
202309 -0.062 125.230 -0.063
202312 -0.065 125.072 -0.066
202403 -0.062 126.258 -0.062

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


KGL Resources  (OTCPK:KOGMF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


KGL Resources Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of KGL Resources's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


KGL Resources (KGL Resources) Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 7070, Toronto, ON, CAN, M5X 1E3
KGL Resources Ltd was a Canadian mineral exploration company. now it is currently evaluating new business opportunities.

KGL Resources (KGL Resources) Headlines

From GuruFocus

Kilo Goldmines Announces Consensual Realization Against Assets

By GlobeNewswire GlobeNewswire 09-13-2019

KGL Resources Announces Grant of Stock Options

By GlobeNewswire GlobeNewswire 03-03-2022

Kilo Goldmines Announces Election of New Directors

By GlobeNewswire GlobeNewswire 03-17-2020

Kilo Goldmines Announces Management Changes

By GlobeNewswire GlobeNewswire 06-11-2020